Radix Grants Program

Providing support to projects building on the Radix Network

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First Radix Grants Program

The Radix Grants Program is the first developer grant program for those building on the Radix network. As part of the Radix Grants Program, our incredible team of Radix innovators will be on-hand to offer support, guidance and direction for successful projects to make the most out of the opportunities presented through DeFi and Web3.

Introduction To The Radix Grants Program

‍Following the success of cohort 1, the next Radix Grants Program program is planned to launch after the Babylon upgrade, more information will be provided once applications open.

Unlike many grant programs offered within the space today, the Radix Grants Program puts an emphasis on project guidance in addition to financial aid to ensure those admitted to the program truly get the support they need to maximize their chance of success. Much of this program is heavily inspired by RDX Works CEO Piers Ridyard’s experience at Y Combinator and the lessons that came from it.

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The Radix Grants Program is for those with a passion to build on the Radix network and a shared vision for the future of DeFi and Web3. Only teams that are already building – or preparing to build – their project on Radix will be considered. This is to ensure the team can prioritize the best possible support for committed founders to help their project succeed within the Radix ecosystem.

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If you truly believe in building a better financial future and that the Radix ecosystem is the best place to do that, this program is for you. Not only will you be given access to have 1:1 advisory sessions with senior RDX team members, including Dan Hughes (Founder), Piers Ridyard (CEO), Matthew Hine (CPO) and Adam Simmons (CSO); you will also attend master classes with insights and learnings from Radix’s long history. 

What You’ll Get From The Radix Grants Program

In 2023, Radix Tokens Jersey will host a first 12 week program — from February through April. The first program will be run as a pilot and will only have 5 projects participating. Building on the learnings from this first program, a second program is planned to launch in Q2 2023, more information will be provided once applications open.

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Projects selected will get:

  • 30,000 USD value in XRD tokens, paid at the beginning of the program or when your company is incorporated.
  • Bi-weekly 1-1 with your RDX Works mentor to follow on your progress.
  • Access to office hours with the RDX Works leadership team.
  • Access to exclusive masterclasses with the RDX Works leadership team on key topics such as product development, customer interviews, community building, tokenomics and more.
  • Practical guidance on compliance, cyber security, incorporating your company, and more.
  • Help with user testing.
  • Promotion and exposure to the wider Radix community via official Radix channels.
  • In-person kickoff bootcamp and demo day

The in person kickoff bootcamp will be held in Europe sometime between February 6th and 17th. Exact dates and location will be communicated to founders as soon as they are accepted to the program.

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This first demo day will be on the floor of Consensus 2023 in Austin (April 26-28, 2023), Texas, one of the world’s largest and most impactful Web3 conferences. Your project will share Radix’s floor space at Consensus, having the fantastic opportunity to network with world-leading Web3 investors, developers, entrepreneurs, exchanges and press.

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Learn more on the "What Is The Radix Grants Program"

Conditions & Requirements

The Radix Grants Program was established to support dApp projects committed to building on the Radix network. Growing the Radix ecosystem is at the core of the Radix mission, which is why the grants program will focus on offering guidance to those already building projects within that ecosystem. 

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To be eligible to join the Radix grants program, founders must:

  • Have an MVP or be able to share a plan on how to they will quickly deliver an MVP of their dApp
  • Show evidence of ability in community building
  • Be willing to undergo KYC checks
    It is ok to for you to use an anonymous persona publicly but you will have to share your legal identity information with Radix Tokens Jersey in order to receive the XRD from the grant
  • Be willing to incorporate a company 
    Grants will be given to the company (not the individual). In case you haven’t incorporated your company yet,  we will provide you with guidance.
  • Commit to building one dApp project on Radix
    If your team is working on several projects please choose only one to apply. Your team will have to commit to this project for the duration of the program
  • Founders must make the program a priority and attend the weekly program sessions

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All entries are subject to the Radix Grants Program Privacy Policy and Terms & Conditions.

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Examples of Dapps We’re Looking For

Any projects that showcase innovation, opportunity, and effectively leverage the Radix network will be considered for the Radix Grants Program. Some example dApps that are of particular interest for Radix’s Babylon launch in Q2 2023 include:

Decentralized Exchanges
Decentralized Exchanges, also known as DEXes, allow users to exchange two or more tokens in a single transaction, at a certain price, without the need for another party to facilitate the transaction. They are the first ever examples of a censorship resistant, non-custodial, and permissionless way of exchanging assets electronically.
Lending
In lending, borrowers pledge their crypto assets as collateral and avail loans in stablecoins or other crypto assets as a means of financing. However, unlike TradFi, DeFi lending uses algorithmic systems where lending and borrowing rates are determined automatically based on each asset's real-time supply and demand. This automated approach means more flexibility and access for anyone looking for financing.
Stablecoins
Arguably, MakerDAO kickstarted the entire DeFi revolution with the first overcollateralized stablecoin Dai. The Radix ecosystem will be no different - needing its own decentralized stablecoins that leverage a proven, secure and overcollateralized model.
Oracles
An oracle acts as a reliable data source and sends data from the outside physical world, such as match scores or current market value of stocks or currencies, to a ledger. An interacting app can then use this data to decide if the specified contract requirements are fulfilled or not, based on which, whether to dispense money and to whom
Aggregators
A DeFi aggregator brings together trades across various decentralized finance dApps into one location, saving users time and increasing efficiency for cryptocurrency trades. DeFi aggregators gather the very best prices from DEXs, lending services and liquidity pools into one place so that users can optimize their trades. Without an aggregator, users need to go to each platform on an individual basis to compare prices that will generate the best deal for them.
Portfolio Management
An oracle acts as a reliable data source and sends data from the outside physical world, such as match scores or current market value of stocks or currencies, to a ledger. An interacting app can then use this data to decide if the specified contract requirements are fulfilled or not, based on which, whether to dispense money and to whom.
Portfolio Management
Automated asset management lowers the barrier to entry for the regular users looking to invest in crypto. Instead of managing multiple accounts and wallets, crypto asset management platforms simplify the process by consolidating the user's holdings while simultaneously providing improved portfolio management tools, resulting in better returns.
Yield farming
Yield farming is the practice of staking or lending crypto assets to create returns or rewards in the form of additional cryptocurrency. Yield farming protocols incentivize liquidity providers (LP) to stake or lock up their crypto assets in a smart contract-based liquidity pool. These incentives can be a percentage of transaction fees, interest from lenders, or a governance token.
NFT marketplace
NFT marketplaces are platforms where NFTs can be stored, displayed, traded and in some cases minted (created). These marketplaces are to NFTs what Amazon or eBay are to goods.
Bridges
A bridge connects two decentralised ecosystems. Bridges facilitate connections between blockchains through the transfer of information and assets.
Games
DeFi gaming platforms will enable avid gamers to monetize their time and progress. Play-to-earn games offer the best of both worlds - they provide an entertaining experience and make playing games lucrative.
This list isn’t exhaustive, other types of dApps are welcome to apply. Innovation is at the core of Radix and the team can’t wait to see what you’re building. It’s not advised to build a dApp just because it’s on the list above  – if you’re building something Radically different and your project can be a great contribution to the Radix network, this grants program is for you.

Apply For The Radix Grants Program

Applications for the first Radix Grants Program starting February 2023 are now closed.

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Building on the learnings from this first program, a second program is planned to launch after the Babylon upgrade, more information will be provided once applications open.


Stay updated on the next Radix Grants Program:
→ Join the Radix Discord 

→ Sign up for the Developer program

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Apply Now
*The application deadline is 16 January 2023. Any applications received after this date will not be considered.